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STORII PROPERTIES
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- Branded residences in India: Luxury hotel chains expand their market presenceIndia's branded residences market is gaining traction, attracting major players like Marriott, ITC, Wyndham, and Radisson. These companies ...
- Optimal time to open, grow hospitality brands in India: ITC Hotels MDITC Hotels is capitalizing on heightened investor interest and evolving customer needs in India's hospitality sector by expanding its brand...
- ITC Hotels plans to expand portfolio to over 220 units by 2030ITC Hotels plans significant expansion. The company aims to have over 220 operational units with 20,000 keys by 2030. Growth will be driven...
- ITC Hotels eyes overseas expansion post-demergerITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ITC Hotels Lt...
- ITC to consolidate shareholding in Oberoi, Leela chains directly under itselfITC Ltd is consolidating its shares in rival hospitality chains Oberoi and Leela. The company will acquire these shares from its wholly-own...
- For Independence Day break, travellers make tryst with luxuryThe extended weekends in August, including Independence Day, resulted in a booming demand for hotels and flights, causing prices to soar an...
- Brand Storii forays into West Bengal with launch of Storii Devasom Spa & Resort, KolkataSpeaking on the launch, Ravi Todi, director, South City Group, said the prime location of Storii Kolkata offers the perfect retreat for rel...
- ITC Hotels witnessing growing interest among property owners to partner with its brand : ITC Annual ReportITC Hotels' strategic expansion across diverse segments led to significant revenue growth, surpassing Rs 1000 crore in Segment EBITDA and w...
- ITC's Hotel Group signs two Storii properties in RajasthanExpected to open in early 2025, the company said Storii by ITC Hotels, Jaipur and Storii by ITC Hotels, Jawai, will exemplify the brand’s e...
- ITC expands its presence in Rajasthan with Storii JaisalmerITC Hotels signs management agreement with Dangayach Group for Storii property in Jaisalmer, Rajasthan. Storii by ITC Hotels, Jaisalmer, a ...
- ITC Hotels plans to add 70 properties in five years: CEOITC Hotels aims to bolster its portfolio to 200 hotels within the next five years, up from the current count of 130, by introducing propert...
- ITC Hotels brand 'Storii' to set up presence in West BengalITC Hotels has signed an agreement for its first 'Storii' property in Kolkata, West Bengal, which is set to open in 2024. The hotel chain a...
- ITC Hotels signs three more Storii propertiesAnil Chadha, divisional chief executive at ITC Hotels said the new properties at Goa, Manali, and Prayagraj highlight the focus on growth a...
- ITC Hotels plans to launch over 20 properties in two years, says divisional chief executive Anil ChadhaHe said ITC Hotels is also evaluating its overseas expansion and considering the Middle East market. "We are trying to see how we make an e...
- ITC to pursue 'asset-right' strategy for its hotel business: PuriThe Kolkata-based multi-conglomerate, which operates hotels under the brand names such as ITC and Welcome, also said that it is exploring f...
- ITC Hotels new luxury brand 'Mementos' to push managed property business"Our footprint is expanding across the length and breadth of the country. The asset right strategy supports our endeavour to create and cur...
- Hotel companies put Covid blues behind them, to launch more propertiesZubin Saxena, managing director for South Asia at Radisson Hotel Group, said the chain opened three hotels last year and is on track to ope...
- ITC to invest $2 bn to expand capacity in FMCG, paper, packaging, agri-bizITC chairman and managing director Sanjiv Puri said the company is setting up new plants such as for spices which will cater to both export...
- ITC to foray into boutique lifestyle hotel segment with new brandThe conglomerate is also diversifying its flagship tobacco business into manufacturing of nicotine and nicotine salts primarily for export ...
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